ITG expands POSIT to India and Taiwan

ITG has announced the addition of Indian and Taiwan equities
to its POSIT Alert network, taking its total of Asian pacific markets covered
to 10.

The new acquisition comes in response to increased demand
for block crossing tools in the region with POSIT now available for trades in
countries including Australia, Hong Kong and Indonesia as well as 22 EMEA
countries.

The POSIT alert India has been designed in partnership with
ICICI securities utilising ITG’s trade matching technology, adding to exchange
liquidity.

‘The launches of
POSIT trading for India and Taiwan are important milestones in our development
of regional electronic trading capabilities.

“We believe that
there is a strong and growing demand for institutional block crossing and we
are well positioned to provide solutions to meet this need,” said Ofir Gefen,
head of brokerage for ITG in Asia Pacific.